The Trump-era promise to shield service workers' tips and overtime from federal tax has finally arrived in the form of detailed Internal Revenue Service rules, and the fine print matters as much as ...
For the first time, every household that files a federal return will soon be able to claim a meaningful tax break for giving ...
Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...
Our furry companions are everything to us, but they tend to rack up quite a bill, especially amid inflation. A recent Forbes study found that 63% of pet owners said inflation has made it more ...
Health savings accounts (HSAs) offer investors a rare triple tax advantage (6). Not only are your contributions to this ...
When it comes to taxes, high-net-worth individuals and business owners have access to some creative ways to legally deduct luxury expenses. But taxpayers shouldn’t try to write off that trip to Mexico ...
Below is our annual guide to Tax Code Section 179 for self-employed and business owners who buy a vehicle. This guide encompasses qualifying vehicles purchased in the 2025 calendar year for the ...
Seniors living on a fixed income face unique financial challenges, but the underlying theme is their desire to maximize retirement savings. Some costs are unavoidable as you age, but the good news is ...